AVAX/USDT – 30M – SELL

The pair Avalanche/Tether (AVAX/USDT) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support at 9.17 is likely expected.

Caution: A possible change in the direction of the resistance line at 9.68 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘StochRSI %K falls below 0.8’ indicator signal is discovered. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Moreover a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

9.68 – 9.53 – 9.44 – 9.49 – 9.17 – 9.25 —
9.510000000 – 9.430000000 —
42.004057812547 – 34.166437013716 —
– —
9.68 – 1776835800

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – – –